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Listed price in listed location currency (USD).
$352,000

002

MLS® 2505679

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1332 sqft
Garage No
Taxes $612
Days Active 1
Lot Size 0.18 acres
Approx. Age 1961
Avg. Price Per Sqft $264
MLS® Number 2505679

Property Address: 3068 W Jackson St, Milan, TN, 38358-2914

Average square foot calculated using Size range provided by listing agent.

Description

Rare investment opportunity in the heart of West Tennessee -a fully occupied, cash-flowing 5-property rental portfolio sold as one package and cannot be separated. This stabilized portfolio features long-term tenants (2-7 years), consistent payment history, and dependable income with no vacancies. The package produces $54, 925 in annual rent, with only taxes ($2, 500/year) and insurance ($3, 000/year) as primary expenses yielding a strong $49, 425 NOI and an impressive 14.05% cap rate at list price. All properties are single-family homes located within established neighborhoods, each with noted updates, functioning mechanical systems, and solid rental demand. Addresses include: 158 Cartmell St, 306 Cottonwood St., 1502 E Chester, 254 Linden, 3068 W Jackson St. A full income schedule, tax breakdown, and property notes are available upon request. This is an excellent fit for investors seeking immediate cash flow, minimal turnover risk, and scalable long-term growth. Portfolio must be purchased as a whole - no exceptions.
MLS® Number2505679
Laundry Level
Central VacNo
FireplaceNo
Acreage0.18
Exterior
GarageNo
Approx. Age1961
Basement
DrivewayGravel, No Garage, Open, Parking Pad
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 5, 2025List Date
$352,000List Price
  • Commute

Commute

Starting Address
Destination Address
3068 W Jackson St, Milan, TN

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